BTC Digital (BTCT) Gross Profit (2018 - 2024)
BTC Digital's (BTCT) quarterly Gross Profit came in at $718000.0 in Q4 2024, up 163.26% on a YoY basis from $272734.3 in Q1 2024, and up 375.1% quarter-over-quarter from -$261000.0 in Q3 2024.
BTC Digital (BTCT) Gross Profit (2018 - 2024) Analysis & Trends
BTC Digital (BTCT) has reported Gross Profit for 6 consecutive years, with $718000.0 the latest figure, recorded in Q4 2024.
- For the quarter ending Q4 2024, Gross Profit rose 163.26% year-over-year to $718000.0; the trailing twelve-month figure through Dec 2024 stood at $115000.0 (up 106.44% YoY), and the FY2025 full-year result was -$3.2 million, down 2846.96% from the prior year.
- Gross Profit climbed to $718000.0 in Q4 2024 per BTCT's latest filing, from -$261000.0 in the prior quarter.
- Across five years, Gross Profit topped out at $20.7 million in Q4 2020 and bottomed at -$1.1 million in Q4 2023.
- Historically, Gross Profit has averaged $4.7 million across 4 years, with a median of $475500.0 in 2023.
- The widest YoY moves for Gross Profit: up 163.26% in 2024, down 191.85% in 2024.
- Over 4 years, Gross Profit stood at $20.7 million in 2020, then slumped by 50.43% to $10.2 million in 2021, then tumbled by 111.08% to -$1.1 million in 2023, then jumped by 163.26% to $718000.0 in 2024.
- According to Business Quant data, Gross Profit over the past three periods registered $718000.0, -$261000.0, and -$214000.0 for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.68 Bn | 56.34 Bn | 40.81 Mn |
| 2 | Iren | 35.52 Bn | 27.95 Bn | 103.89 Mn |
| 3 | Hut 8 | 12.16 Bn | 5.68 Bn | 48.04 Mn |
| 4 | Riot Platforms | 8.98 Bn | 8.43 Bn | 84.97 Mn |
| 5 | Argo Blockchain | 5.95 Bn | 5.95 Bn | - |
| 6 | MARA Holdings | 5.06 Bn | 4.70 Bn | - |
| 7 | Cleanspark | 3.72 Bn | 3.51 Bn | - |
| 8 | Bitdeer Technologies | 3.06 Bn | 2.59 Bn | -8.53 Mn |
| 9 | Keel Infrastructure | 2.47 Bn | 2.47 Bn | -86.75 Mn |
| 10 | BTC Digital | 12.28 Mn | 8.53 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 718,000.00 |
| Sep 30, 2024 | -261,000.00 |
| Jun 30, 2024 | -214,000.00 |
| Mar 31, 2024 | -128,000.00 |
| Dec 31, 2023 | -1.14 Mn |
| Sep 30, 2023 | -541,000.00 |
| Jun 30, 2023 | 233,000.00 |
| Mar 31, 2023 | -343,000.00 |
| Jun 30, 2021 | 10.25 Mn |
| Mar 31, 2021 | 10.81 Mn |
| Dec 31, 2020 | 20.67 Mn |
| Aug 31, 2020 | 12.76 Mn |
| Jun 30, 2020 | 7.59 Mn |
| Mar 31, 2020 | 5.16 Mn |
| Dec 31, 2019 | 22.46 Mn |
| Sep 30, 2019 | 32.02 Mn |
| Jun 30, 2019 | 24.90 Mn |
| Mar 31, 2019 | 21.03 Mn |
| Dec 31, 2018 | 27.41 Mn |
BTC Digital Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=BTCT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "BTCT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=BTCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();